The Most Beloved, And Hated, Hedge Fund Stocks Are...

Step aside long-time hedge fund hotel darlings Apple and AIG, and make room for Government Motors, which with a record 196 hedge fund owners, is now the biggest recently bankrupt hedge fund darling du jour. We wish GM, and its record number of "smart money" holders the best in continuing their channel stuffing "expansion" strategy.

Of course, the fact that virtually everyone and the kitchen sink is already in GM, means that there is little possible upside from here as all the fast money is already in, and at best can only depart on even the slightest deviation from perfection pricing (and with China cracking, and local demand for discretionary purchases plunging, GM will be one of the first casualties).

Which brings us to the second table: that of the most shorted, and hated, stocks by hedge funds. Recall that as we have shown time and again, the only guaranteed strategy to generate alpha in a market in which there is no risk (thank you Charmanwoman), is to be long the natural hedges - the worst, most horrible companies around. We noted as much most recently in September 2013 when we reflected on the one year anniversary of our "go long the most shorted trades" idea from September 2012. As the chart below confirms, doing precisely this has generated a return some 40% higher than the S&P 500 itself.

So where will the hedge fund pain be in the coming months, as the Fed tapers only to realize it can't untaper in a world in which the unwind of the carry trade means Lehman 2.0 (see China) and the end of the capital markets as we know them, and thus the Untaper?

Presenting the most shorted, according to Goldman, stocks by hedge fund experts.

Anyone going long these names is virtually assured to outperform the market over the next year.

Two Newfie girls traveling across Canada get pulled over by the police. The policeman comes up to the driver's side window and begins to unzip his pants. One girl turns to the other and says, "not another breathalizer test"!

I hope ZH is not following the idiotic MSM and inferring that the Pontiac Aztec is a crappy car. I have a 2003 Aztec and it is the best car I have ever owned. And it's not just that I am odd, although that is a foregone conclusion. However, the Aztec has the highest CUSTOMER SATISFACTION of any Pontiac ever made. That means higher customer satisfaction than Pontiac legends such as the GTO, LeMans, Grand Prix, etc. I recently asked a local dealer's service manager if they ever got in any low mileage 2005's (last year of mfg) in trade, mine is still in great shape but has 130,000 mi. on it. The service manager laughed and told me they did indeed, but I had better be standing there when it came in or I had no chance of buying as they were highly sought after. Apparently, the fine auto was judged purely on it's rather unique/curious looks, back in 2001 that is. Nowadays it's styling is pretty mainstream compared to many other new models on the road. I get 20mpg city and 25mpg hwy with a v6 and automatic tranny, as measured by me, not the BS EPA numbers. My freinds 2012 Ford Fusion, in real world driving, can't match that. Plus, my Aztek has more cargo space, a removable ice chest in the console, and a tent package that converts it into a camper. Yee Haa!!!

And nobody would ever think of stealing it! Just ribbin' ya, as we are Chevy fans from days of yore whose faith was shaken to the core when GM accepted bail-out (dirty) money from Barry. Ford deserves kudos for not doing so.

Your question seems to indicate you have little experince obtaining said "pussy". When a female is evaluating a man's desireability she mainly looks at 3 things. And they are: shoes, belt, and watch. Any guy with a pulse and a credit card can rent a nice car. And any guy with decent credit can buy a nice car. Only dingbat sluts fall for the sports car thing. And they usually leave you with lingering aftereffects that won't wash off. Feel free to test that statement. Go the clubs wearing cheap shoes, a cheap belt, and a cheap watch. Then go to the clubs with your Ferragamo shoes, your D&G belt, and your Patek Phillipe watch and you will see a huge upswing in attention from the ladies. Of course having a wad of fresh benjamins peeking out of your pocket won't hurt either, but being attired in those three upscale fasion accessories really gets the girls attention. Pretty sad really. But it works.

I was in the audience at the Detroit auto show the day GM unveiled the Pontiac Aztek and I will never forget the gasp that audience made. Holy hell! This car could not have been more instantly hated if it had a Swastika tattoo on its forehead. In later interviews with GM designers — who, for decency's sake, will remain unnamed — it emerged that the Aztek design had been fiddled with, fussed over, cost-shaved and otherwise compromised until the tough, cool-looking concept had been reduced to a bulky, plastic-clad mess. A classic case of losing the plot. The Aztek violates one of the principal rules of car design: We like cars that look like us. With its multiple eyes and supernumerary nostrils, the Aztek looks deformed and scary, something that dogs bark at and cathedrals employ to ring bells (cf., Fiat Multipla). The shame is, under all that ugliness, there was a useful, competent crossover.